Michael Larson - May 4, 2023 Form 4 Insider Report for ECOLAB INC. (ECL)

Role
Director
Signature
/s/ David F. Duvick, as Attorney-in-Fact for Michael Larson
Stock symbol
ECL
Transactions as of
May 4, 2023
Transactions value $
$0
Form type
4
Date filed
5/5/2023, 06:30 PM
Previous filing
Apr 17, 2023
Next filing
Jul 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding ECL Common Stock 13.1K May 4, 2023 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ECL Non-Employee Director Stock Option (Right to Buy) Award $0 +1.41K $0.00 1.41K May 4, 2023 Common Stock 1.41K $172.21 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option will become exercisable, on a cumulative basis, as to 25% of the option shares (excluding any fractional portion less than one share), on the last day of each of the first, second and third three-month periods following its date of grant and as to the remaining shares on the last day of the fourth three-month period following its date of grant; provided, however, that if a Change in Control of the Company (as that term is defined in the Ecolab Inc. 2001 Non-Employee Director Stock Option and Deferred Compensation Plan) will occur, then the option will become immediately exercisable in full.